Ondo Finance has partnered with Layer-1 Aptos to integrate its tokenized U.S. treasury-backed product (USDY), allowing for accessible and seamless financial services and improved liquidity options for users.
DeFi lending protocol Euler v2 is introducing greater flexibility by allowing builders of lending markets to use Ethereum-based vaults as collateral for other vaults. This comes after Euler suffered a $200 million exploit last year, prompting a thorough code audit competition before the new version goes live in Q2.
The European Central Bank's Ulrich Bindseil and Jurgen Schaaf argue that despite the recent approval of spot exchange-traded funds for bitcoin by the US SEC, bitcoin is still not suitable for payments or investment and they continue to believe that its fair value is zero.
Render (RNDR) and Fetch.ai (FET), two AI tokens, are approaching their all-time highs, with RNDR potentially reaching double digits before halving, while FET may see a resistance level of $1.60, but both tokens face the risk of a significant decline if they close below certain levels.
Eigen Labs, the developer of EigenLayer, a crypto restaking project on Ethereum that is not yet live, has raised $100 million from venture capital investor a16z crypto, with EigenLayer currently reaching nearly $8 billion in total value locked (TVL); however, some Ethereum developers have expressed concerns about the strain the project's "shared security" model may place on the Ethereum network.
Dealer hedging in the ether options market is driving the price of ETH above $3,000 as market makers buy ether in the spot/futures market to hedge their short bets, following a similar pattern seen in the bitcoin market back in November.
European Central Bank (ECB) officials Ulrich Bindseil and Jürgen Schaaf disagree with claims that Bitcoin investments are safe, stating that the fair value of Bitcoin is still zero despite the recent approval of spot Bitcoin ETFs in the U.S.
AI-related tokens surged after chipmaker Nvidia beat its earnings expectations, with SingularityNet, FetchAI, Render, The Graph, and Worldcoin all experiencing significant gains. Meanwhile, Ethereum's native token, Ether, has the potential to reach a record high of $5,200 after breaking out an ascending triangle price pattern, according to technical analysis. Additionally, FundStrat's Tom Lee maintains a bullish outlook on Bitcoin and predicts it could reach as high as $150,000 this year.
Bitcoin's all-time high, adjusted for inflation, would be closer to $75,000, considering the rate of inflation and changes in market conditions since November 2021; however, economist David Waugh believes that comparing all-time highs in nominal terms is more relevant, and he predicts a significant rise in Bitcoin's price in 2024 due to factors such as increased demand from spot Bitcoin ETFs and the development of consumer-facing Bitcoin products.
Helius, a developer platform for crypto applications on Solana, has raised $9.5 million in a Series A round led by Foundation Capital, with the aim of simplifying Solana's complexities and improving the network for developers.
The Law Commission is seeking feedback on draft legislation to grant property rights to cryptocurrencies and digital assets, aiming to propose a final version of the bill to the UK government, while also gathering evidence for its project on digital assets and electronic trade documents.
Crypto asset management giant Grayscale has submitted a proposal to the US SEC for a privacy-focused ETF that aims to provide investment exposure to privacy and security-focused digital assets, including the Grayscale Zcash Trust, in an effort to expand investment opportunities in the privacy and security domain despite regulatory hurdles.
The cryptocurrency analyst known as Bluntz predicts that the meme coin dogwifhat (WIF) is poised to break its all-time high and enter a strong upward rally.
Bitcoin remains relatively flat as investors await new U.S. data on economic indicators, such as jobless claims and housing sales, and speculate on the Federal Reserve's decision regarding interest rates.
Paris Saint-Germain, a French soccer club, will become a network validator for the Chiliz Chain blockchain and use the revenue generated to buy back its PSG fan tokens. Other soccer clubs like FC Barcelona and Manchester City are also involved in fan tokens.
Ethereum's native token ether (ETH) has the potential to reach a new record high of $5,200, according to technical analysis by Kraken OTC.
Bitcoin analyst Kevin Svenson warns that Bitcoin could experience a significant correction after reaching a price not seen since November 2021, with a potential dip of over 25% after the halving in mid-April.
Ethereum co-founder Vitalik Buterin believes that AI can enhance code audits and reduce bugs in blockchain projects, offering a more effective and adaptable solution compared to current automated tools. Combining AI with human inspection can strengthen vulnerability detection and improve security in an industry known for scams and exploits, according to Ethereum developers.
Ethereum's native token ether (ETH) has broken out of an ascending triangle pattern on the weekly chart, with technical analysis suggesting a potential new record high of $5,200 as the target.
Nvidia's quarterly report reveals a 769% surge in net income, surpassing Wall Street predictions, leading to a 10% increase in shares; the success highlights the company's stronghold in the AI sector and boosts AI crypto tokens.
AMD has announced a partnership with interoperability platform Wormhole, aiming to enhance blockchain interoperability and security by integrating AMD's hardware accelerators into the Wormhole ecosystem and utilizing zero-knowledge proofs for trustless solutions.
The Pizza Ninjas team has successfully inscribed a Nintendo 64 emulator on the Bitcoin blockchain, using the Ordinals system and the Brotli compression algorithm to reduce file sizes and make it feasible to preserve larger gaming systems.
Sky Mavis, the creator of the Ronin blockchain and Axie Infinity game, has announced the launch of a new game called Kaidro, an anime-style role-playing game set in a post-apocalyptic world that will exclusively release on the Ronin platform.
Cryptocurrencies like Ethereum and Dogecoin experienced a downward trend due to factors such as the popularity of spot Bitcoin exchange-traded funds (ETFs) and the focus on tech stocks, but it could present buying opportunities and the potential for Ethereum to receive spot ETF treatment.
Filecoin (FIL) and Worldcoin (WLD) could experience significant price surges according to crypto strategist Ali Martinez, with FIL potentially tripling in value if it breaks through resistance and WLD potentially rising by 268% after breaking out of an ascending parallel channel.
Nvidia stock rose 8% after the company reported better-than-expected Q4 earnings, driven by significant growth in artificial intelligence, with other AI-associated stocks and AI-related tokens also experiencing a surge.
Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, confirmed in court that he wanted to stick with his new lawyers despite a potential conflict of interest, as he faces sentencing for stealing billions of dollars from FTX customers.
Wormhole collaborates with AMD to make enterprise-grade FPGA hardware accelerators available to the Wormhole ecosystem, while Inco secures $4.5 million in a seed round and launches its testnet Gentry, and Meso raises $9.5 million in a seed round with participation from Solana Ventures and Ribbit Capital.
Web3 venture capital firm Hack VC has raised $150 million for its new venture fund to invest in core blockchain technology as well as focus on DeFi and AI in the Web3 space, with a particular emphasis on blockchain security, scalability, and performance. The firm aims to fund and support the development of infrastructure and reliable businesses in the crypto industry while also exploring the potential resurgence of valuable NFTs.
High-profile investors, such as Mark Zuckerberg, Warren Buffett, and Jeff Bezos, have been liquidating significant positions in tech stocks, raising questions about whether average investors should do the same, particularly regarding their Bitcoin holdings, but experts suggest that crypto investors should focus on thorough research, diversification, a long-term perspective, and the fundamentals of their investments rather than making decisions based solely on the actions of billionaires.
Digital Currency Group objects to the proposed settlement between its subsidiary, Genesis, and the New York attorney general's office, arguing that it violates bankruptcy laws and was arranged in secret.
OpenAI's ChatGPT experienced a widespread glitch causing it to generate nonsensical and incoherent responses, with users sharing examples on Twitter and Reddit, highlighting the challenges of generative AI models and the potential for unexpected changes in their behavior.
A crypto whale has acquired millions worth of Ethereum, generating discussion about the potential impact on the price of the cryptocurrency, while leading analysts express bullish sentiments and emphasize advantageous buying opportunities.
Bitcoin's rally may have stalled, but FundStrat's Tom Lee remains bullish, predicting that it could reach as high as $150,000 this year due to increased demand from ETFs, the upcoming halving event, and potential monetary policy easing.
Bitcoin custodians face strict rules and oversight due to the unique challenges of securing and managing a fast-moving and invisible currency, with secure custody being a top priority. Custodial banks in the cryptocurrency space are held to higher standards than traditional banks, and qualified custodians must adhere to additional safeguards and regulatory reviews.
Coinbase CEO Brian Armstrong has sold a 2% stake in the company, generating nearly $53.2 million, and continues to sell more shares.
The approval and launch of spot Bitcoin ETFs, combined with the upcoming Bitcoin halving event, are expected to create a surge in demand for Bitcoin and drive up its price. The ETFs offer investors exposure to Bitcoin without needing to directly hold the digital asset, and the halving event will reduce the supply of new coins entering the market. Analysts predict that this combination of factors could lead to much higher Bitcoin prices.
Bitcoin's realized cap and hash rate suggest that the cryptocurrency still has a way to go before reaching its cyclical top, according to CryptoQuant's CEO, Ki Young Ju.
The upcoming Bitcoin halving in April 2024 may be followed by a price correction before a potential bull market rally, based on historical patterns and strategic trading models, with expectations of a significant price increase and a market peak around April or October 2025.
Stablecoin issuer Circle is phasing out its use of the Tron blockchain, citing a "risk management framework" and efforts to ensure transparency and trust in its USDC stablecoin. The move raises questions about potential security concerns or legal issues related to Tron and its founder, Justin Sun.
Former crypto CEO, Sam Bankman-Fried, who was convicted of defrauding billions of dollars from FTX customers, announced that his trial attorneys would no longer represent him as he prepares for sentencing, with new attorney Mark Mukasey taking over his case; Mukasey also represents Celsius CEO, Alex Mashinsky, who is facing charges of securities fraud and conspiracy.
Worldcoin, a project backed by Microsoft Corp. and OpenAI, has seen a surge in price due to the release of OpenAI's new AI application called Sora, which allows users to create realistic videos from text prompts. This unexpected development has given hope to investors that Worldcoin may be ahead of schedule, leading to an increase in its price and surpassing a $1 billion market cap. Despite regulatory scrutiny and technological setbacks, Worldcoin's introduction of Sora shows potential for widespread adoption and the creation of significant benefits through blockchain technology.
Ethiopian Investment Holdings has signed an MOU with West Data Group to begin bitcoin mining as part of a $250 million data mining project, positioning Ethiopia as a leader in the data center space in Africa.
John Deaton, a pro-crypto lawyer involved in the SEC's case against Ripple, has entered the race to challenge Senator Elizabeth Warren for her seat in Congress, attracting support from the crypto community who are frustrated with Warren's anti-crypto stance.
Polygon Labs and StarkWare, two competing blockchain teams, have collaborated to develop "Circle STARKs," a new type of cryptographic proof that aims to make transactions faster and cheaper than the current technology, enhancing the scalability and efficiency of blockchains. The Circle STARKs are expected to accelerate the proving process for rollups, leading to lower transaction fees and the ability to support more types of applications.
Coinbase faces criticism as its Commerce payment protocol ends support for third-party self-custody bitcoin wallets, sparking a debate about the future of crypto payments and the role of layer 2 networks, according to CEO Brian Armstrong; meanwhile, the surge in "liquid restaking protocols" and their associated tokens is drawing billions of dollars, but concerns remain about the sustainability and legitimacy of these projects.
Crypto entrepreneurs Tyler and Cameron Winklevoss have donated $4.9 million to political action committee Fairshake, joining other industry players in funding attack ads against California Senate candidate Katie Porter.
US-based ETFs make up only a small percentage of Bitcoin spot trading volume and outstanding Bitcoin supply, leading Coinbase Institutional to believe that institutional investors may have overindexed the short-term impacts of these products and may be overlooking other opportunities like DeFi.
Greg "Garga" Solano, co-founder of Yuga Labs, has announced that he is returning as CEO, replacing Daniel Alegre after less than a year in the role, with a focus on a "crypto-native" approach and the development of the Otherside metaverse game.
The Winklevoss twins have donated $4.9 million to Fairshake, a super PAC focused on influencing crypto regulation and policy, along with funding from Coinbase, Ripple, Kraken, and venture capitalists Marc Andreessen and Ben Horowitz, as well as having $73 million in cash entering February, according to federal filings and Bloomberg report.